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Rank 5 1 match Using ratios to e... ir * Page Order 8 11 146 F8 Equity es outstanding 87% Accounting13.pdf (page 988 of 1,018)

Rank 5 1 match Using ratios to e... ir * Page Order 8 11 146 F8 Equity es outstanding 87% Accounting13.pdf (page 988 of 1,018) S 1 9 72,795 80,885 125.173 117 573 197.968 198, 458 $ 299,204 $288,626 21.38 $ 33.82 0.32 0.30 9,000 8,000 an investment. ((( F9 Requirements 1. Using the financial statements given, compute the following ratios for both companies for 2025 and 2024. Assume all sales are credit sales. Round all ratios to two decimal places. a. Current ratio b. Cash ratio c. Inventory turnover d. Accounts receivable turnover e. Gross profit percentage f. Debt ratio g. Debt to equity ratio AO ) 197,668 F10 2. Compare the companies' performance for 2025 and 2024. Make a recommendation to Canyon Canoe Company about investing in these companies. Which company would be a better investment, The Paddle Company or Recreational Life Vests? Base your answer on ability to pay current liabilities, ability to sell merchandise and collect receivables, ability to pay long-term debt, profitability, and attractivene

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